81-14-357 - Deposit accounts.

§ 81-14-357. Deposit accounts.
 

(1)  Every savings bank shall be authorized to solicit deposits from any person, natural or corporate, except as restricted or limited by law, or by such regulations as the commissioner may prescribe. 

(2)  Savings banks may receive deposits of funds upon such terms as the contract of deposit shall provide to establish methods of withdrawals. 
 

Sources: Laws,  1992, ch. 489, § 87; reenacted without change, Laws,  1997, ch. 364, § 89; reenacted without change, Laws, 2001, ch. 457, § 89, eff from and after July 1, 2001.